ARC reports US agency sales plunged 25% in January

Likely reflecting the impact of the severe economic downturn in the US, airline ticket sales through Airlines Reporting Corp. plunged nearly 25% in January, the airline-owned company reported.
Sales through ARC, which handles US travel agency transactions, totaled $5.38 billion for the month, down 24.65% from January 2008. The number of sales transactions declined 18.7% to 11.4 million. Total fares--revenue that goes to the airlines minus taxes fees and charges--fell 26.6% year-over-year to ...

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